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Cena Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost.

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Cena Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: a. Determine the variable cost per unit and the total fixed cost. b. Based on part (a), estimate the total cost for 115,000 units of production

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